YEARLY HIGH
11.0725 IQD
YEARLY LOW
9.8679 IQD
YEARLY AVERAGE
10.6031 IQD

2016 NPR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NPR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 11.0725. Conversely, the yearly low was recorded on February 28, dropping to 9.8679.

This high-to-low spread represents a total annual volatility of 1.2046 IQD. From a start-to-finish perspective, comparing the January average rate of 10.1456 to the December average rate of 10.8338, the exchange rate registered a net change of 6.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.0725 was down 8.51% compared to the 2015 peak of 12.1028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 55,362 IQD
2015 Average 56,819 IQD
Yearly Trough Low 49,340 IQD
Transaction Impact: A difference of 6,022.89 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.0027
9.8789
JanuMarcMayJulySeptNove

NPR to IQD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 10.3488, compared to 10.8575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5086 points.

H1 Avg (Jan–Jun) 10.3488
H2 Avg (Jul–Dec) 10.8575

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.6685 IQD (High: 11.0215 / Low: 10.3530). On the other end, October was the most stable month, with a tight range of 0.0957 IQD (High: 10.9544 / Low: 10.8587).

May Spread (Volatile) ±0.6685
October Spread (Stable) ±0.0957

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1731 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1731

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 10.8923) against the same month in 2015 (average: 11.5930), the exchange rate shifted by -0.7007 (-6.04%).

2016 Avg (June) 10.8923
2015 Avg (June) 11.5930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.3819 9.9898 10.1456
February 10.0687 9.8679 9.9725
March 10.2609 9.9897 10.1664
April 10.4432 10.2136 10.3051
May 11.0215 10.3530 10.6110
June 11.0725 10.6802 10.8923
July 10.9289 10.8116 10.8692
August 10.9362 10.8256 10.8919
September 10.9709 10.8457 10.9091
October 10.9544 10.8587 10.9021
November 10.9035 10.5733 10.7388
December 10.9509 10.6090 10.8338